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Exercise 12-17 The following information is available for Coronado Industries for 2022. Cash used to purchase treasury stock Cash dividends paid Cash paid for interest

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Exercise 12-17 The following information is available for Coronado Industries for 2022. Cash used to purchase treasury stock Cash dividends paid Cash paid for interest Net income Sales revenue Cash paid for taxes Cash received from customers Cash received from sale of building (at book value) Cash paid for operating expenses Beginning cash balance Cash paid for goods and services Cash received from issuing common stock Cash paid to redeem bonds at maturity Cash paid to purchase equipment $ 58,682 26,596 27,328 566,446 978,440 120,780 690,642 241,072 93,940 13,420 340,502 433,100 244,000 138,104 Prepare a statement of cash flows using the direct method. (Show amounts in the investing and financing sections that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Coronado Industries Statement of Cash Flows Direct Method December 31, 2022 Cash Flows from Operating Activities Cash Receipts from Customers Less For Interest For Goods and Services For Income Taxes For Operating Expenses Net Cash Provided by Operating Activities Cash Flows from Investing Activities Cash Flows from Investing Activities Sale of Building Purchase of Equipment Net Cash Provided by Investing Activities Cash Flows from Financing Activities Purchase Treasury Stock Payment of Cash Dividend Issuance of Common Stock Cash Paid to Redeem Bonds at Maturity Net Cash Provided by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period Click if you would like to Show Work for this question: Open Show Work

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